Freedom Group, the parent of Remington, reported a loss of $6.4 million in the third quarter ended Sept. 28, against earnings of $30.6 million a year earlier. Sales slid 27.1 percent to $253.6 million from $347.1 million a year ago, ...
Tags: Freedom Group, Sporting Goods
Gildan Activewear Inc., which is the largest supplier of branded athletic socks in the United States, reported record fourth quarter adjusted earnings per share of $1.00, up 20.5 percent compared to last year, but projected a loss for the ...
Posted in Contract Manufacturing Services by Qmed Staff on December 3, 2014 Medical device companies are increasingly turning to outsourcing companies with “one-stop shop” strategies, and the result might be a consolidation ...
Tags: healthcare budgets, Medical device, Health
Northern Ireland is planning to introduce Minimum Unit Pricing (MUP) for alcohol, in order to reduce the harmful effects caused by alcohol consumption. The move is based on a research conducted by the University of Sheffield, and ...
Tags: Alcohol, harmful effects, Agriculture
Robert Shotton, owner of retailer Cousins Furniture Stores, has been confirmed as the final judge for the 2015 edition of The Furniture Awards, a new programme created by Furniture News magazine in partnership with the January Furniture ...
Tags: Furniture Awards, Furniture
File photo courtesy of Qantas. Deutsche Bahn’s (DB) logistics subsidiary, Schenker AG, will seek damages estimated at USD 2.5 billion — approximately $370 million in the US and $2.19 billion in Germany including interest ...
Price of produce in 36 large and medium-sized Chinese cities moved up slightly in the week ending Nov. 30 compared with the previous week, the Ministry of Commerce said on Tuesday. The average price of 18 vegetables experienced a rise of ...
Australian wholesaler and distributor of groceries and hardware products Metcash Limited (Metcash) has announced a drop in its Underlying Profit after Tax of 9 per cent, to $101.7 million, which it said was due to “ongoing operating ...
Tags: hardware products, groceries, Agriculture
The US sheet steel market remained stable but sluggish Monday as buyers sought price direction following last week's Thanksgiving holiday. One buyer said he believes the hot-rolled base price is at or close to bottom at about $630/st. ...
Tags: sheet steel, hot-rolled base, Mineral
Rémy Cointreau Group achieved consolidated sales of €471.8m for the first six months to 30 September 2014. The trend for the period (an organic(**)decline of 5.6%) thus showed some improvement compared with the 2013/14 fiscal ...
Tags: Liqueurs, Spirits, Agriculture
Volvo is making a provision of €400m ($497m) to pay any possible fine to be imposed by the European Commission as a result of its ongoing investigation into the company’s violation of antitrust rules. The provision will ...
The Grib diamond mine in Russia, owned by the somewhat unlikely candidate of oil supplier Lukoil, is arguably the most prospective of the new generation of diamond mines. Therefore, its launch of commercial mining earlier this year and the ...
Tags: Grib Diamonds, Diamonds
Infor solutions, a leading provider of business application software, has launched Infor Cloudsuite Fashion, offering customers from the fashion industry access to mission critical applications within the cloud environment. Infor ...
Tags: Infor Cloudsuite Fashion, Textile
Perry Ellis International reported sales declined 5.3 percent in the third quarter to $203.3 million, but managed to cut its loss in the period to $437,000, or 3 cents a share, from $3.0 million, or 20 cents, a year ago. Executives said ...
Aussie apparel and footwear marketer, Pacific Brands said it has entered into three unconditional agreements to sell its Brand Collective business in the footwear, apparel and sport categories. “Gross proceeds from the transactions ...
Tags: Aussie apparel, footwear marketer, Apparel